3602-08 Indiana Street, San Diego, CA 92103
Local realty services provided by:ERA North Orange County Real Estate
Listed by: anthony j mendes
Office: the mendes company
MLS#:260012514
Source:San Diego MLS via CRMLS
Price summary
- Price:$2,695,000
- Price per sq. ft.:$556.13
About this home
Offered for the first time in over 25 years, this eight-unit multifamily asset delivers a rare combination of immediate value-add upside and long-term development potential in one of San Diego's most coveted rental submarkets. The diversified unit mix — (3) 2BD/1BA, (1) 3BD/1BA, (2) Studios, and (2) 1BD/1BA — provides a resilient, diversified income stream with rents sitting meaningfully below market. Four rear garages present a compelling ADU conversion opportunity, with the potential to add up to four additional income-producing units and materially increase the property's long-term value. A generational family hold coming to market for the first time, 3602–08 Indiana represents exactly the kind of repositioning play that rarely surfaces in this zip code. Hillcrest is San Diego's most dynamic and irreplaceable urban village, consistently registering among the lowest vacancy rates in the county. Anchored by proximity to UCSD Health and Sharp Memorial Hospital, and flanked by the cultural draw of Balboa Park, the neighborhood attracts a deep and loyal renter base of healthcare professionals, young creatives, and long-term residents who choose Hillcrest for its walkability, energy, and unmatched quality of life. University Avenue and Fifth Avenue deliver some of the city's best independent dining, retail, and nightlife steps from the front door — making this a location that practically leases itself....
Contact an agent
Home facts
- Listing ID #:260012514
- Added:148 day(s) ago
- Updated:October 18, 2026 at 02:14 PM
Rooms and interior
- Bedrooms:11
- Total bathrooms:8
- Full bathrooms:8
- Flooring:Slab, Wood
- Living area:4,846 sq. ft.
Heating and cooling
- Heating:Floor Furnace, Wall
Structure and exterior
- Roof:Tile
- Building area:4,846 sq. ft.
- Levels:2 Story
Finances and disclosures
- Price:$2,695,000
- Price per sq. ft.:$556.13
Features and amenities
- Laundry features:Leased
Parking
- Parking description:Garages
New listings near 3602-08 Indiana Street
- Coming Soon
$995,000Coming Soon6 beds -- baths1,968 sq. ft.1671 73 Donax Avenue, San Diego, CA 92154
MLS# PTP2607842Listed by: COLDWELL BANKER WEST - Coming Soon
$1,895,000Coming Soon3 beds 3 baths2,574 sq. ft.10656 Melogold, San Diego, CA 92126
MLS# PT26224984Listed by: STERLING NESTS - Coming Soon
$425,000Coming Soon1 beds 1 baths662 sq. ft.8405 Westmore Road #84, San Diego, CA 92126
MLS# PTP2607774Listed by: KELLER WILLIAMS LA JOLLA - Coming Soon
$249,000Coming Soon3 beds 2 baths960 sq. ft.1600 Palm Ave #35, San Diego, CA 92154
MLS# PTP2607750Listed by: EXP REALTY OF SOUTHERN CALIF. - Coming SoonOpen Sat, 1 to 4pm
$1,550,000Coming Soon3 beds 4 baths2,613 sq. ft.3740 Park Blvd #121, San Diego, CA 92103
MLS# OC26223083Listed by: BULLOCK RUSSELL RE SERVICES - Coming Soon
$1,000,000Coming Soon3 beds 2 baths1,569 sq. ft.8240 Elston Place, San Diego, CA 92126
MLS# NDP2609541Listed by: HOMESMART REALTY WEST - Coming Soon
$889,000Coming Soon3 beds 3 baths1,513 sq. ft.Address Withheld By Seller, San Diego, CA 92131
MLS# 260024860SDListed by: SAN DIEGO BROKERAGE - Coming Soon
$889,000Coming Soon3 beds 3 baths1,513 sq. ft.Address Withheld By Seller, San Diego, CA 92131
MLS# 260024860SDListed by: SAN DIEGO BROKERAGE - Coming Soon
$1,020,000Coming Soon2 beds 3 baths1,316 sq. ft.Address Withheld By Seller, San Diego, CA 92130
MLS# 260024820SDListed by: WANNEBO REAL ESTATE GROUP - Coming Soon
$1,588,000Coming Soon3 beds 2 baths1,350 sq. ft.2570 Burgener Boulevard, San Diego, CA 92110
MLS# PTP2607684Listed by: MOLLY WINKLE, BROKER